From CNBC.

The Federal Reserve issued a new forecast for the future trajectory of the U.S. economy. The latest summary of economic projections comes weeks after U.S. strikes on Iran and subsequent shocks to global oil supplies. At the same time, central bank leadership is set to change amid elevated threats to both sides of the Fed mandate. CNBC’s Jeff Cox reports.

Reporting by: Jeff Cox
Produced and Edited by: Carlos Waters
Senior Managing Producer: Shawn Baldwin
Additional footage: Getty Images

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Fed Holds Rates Steady Amid Higher-Than-Expected Inflation And The Iran War